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KINGFISHER HEADCOUNT
Cleansing downturn: Slowdown frees up scarce resources and drives out bad businesses, ensuring a revivalSurvivors will be poised to surge in the next boom. This process of creative destruction is the eternal cycle of the market economy.- Kingfisher CEO Sanjay Aggarwal gets Rs 4-cr pay package; headcount halvesAggarwal was paid total remuneration of Rs 3.99 crore for the fiscal 2012-13, largely unchanged from about Rs 4.01 crore in the previous ye...
- Why Vijay Mallya needs to start afresh and save his empire from shrinking furtherVijay Mallya has given up his crown jewel United Spirits, his airline remains grounded, and he may no longer call the shots at his fertilis...
- SBI identifies some properties of Kingfisher for attachmentA sub-committee has also been formed, involving about four banks to examine availability of assets of the borrower, says SBI MD.
- Kingfisher Airlines doubled CEO’s FY12 pay to Rs 4 croreWhile Kingfisher has not been able to pay salaries to employees for months but the airline almost doubled the remuneration of CEO Sanjay Ag...
- Vijay Mallya gives Rs 5,904 crore guarantee to Kingfisher Airlines lendersMallya had got a commission of Rs 51 crore for these guarantees in 2010-11, but KFA said that payment was withdrawn after lenders' oppositi...
- Kingfisher Airlines headcount falls by over 1,600 people; more HR optimisation on cardNo payments were made to Chairman Vijay Mallya, while non-executive directors were paid sitting fees for board and committee meetings atten...
- Hiring pause: How not to lose your heart when you lose your jobCorporate high flyers who have been grounded by their companies are coping by reinventing themselves, as entrepreneurs or by acquiring new ...
- Kingfisher Airlines mulls 2,000 job cuts, longer work-hoursIt would pay higher incentives and allowances to the staff working longer hours, but the move could still help it cut employee expenses dra...
- Angry lessors of Kingfisher Airlines plan to seize aircraft; financial situation worsensSome lessors of Kingfisher are planning to take back aircraft they had given on lease as the Vijay Mallya-promoted company faces its bigges...
- Airbus plans manufacturing base in IndiaEuropean aircraft manufacturer Airbus Industrie on Tuesday said it plans to have a manufacturing base in India in the next three-four years...
- Single team to run Kingfisher-Deccan combineBy having just one team, tapping synergies become a lot easier with a common head for engineering, operations and every other function. Fly...
- Pricing power may smoothen Deccan flightFlying over the Deccan isn’t all that easy - there’s plenty of rugged terrain to negotiate here.
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